Period
to 19 November 2017

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Tyne and Wear. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 19 November 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Banking
North East > Tyne and Wear
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 87 115 58
Rank change year-on-year +28 -57 +22
Contract jobs citing Banking 11 41 49
As % of all contract IT jobs advertised in Tyne and Wear 1.21% 1.73% 3.23%
As % of the General category 7.80% 11.52% 15.17%
Number of daily rates quoted 7 28 37
Tyne and Wear median daily rate £115 £308 £440
Median daily rate % change year-on-year -62.60% -30.11% +46.67%
North East median daily rate £115 £370 £445
% change year-on-year -68.92% -16.85% +27.14%
Number of hourly rates quoted 0 0 1
Tyne and Wear median hourly rate - - £18.00
North East median hourly rate - - £18.00

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Tyne and Wear with a requirement for common skills.

All General Skills
Tyne and Wear
Contract vacancies with a requirement for common skills 141 356 323
As % of all contract IT jobs advertised in Tyne and Wear 15.49% 15.00% 21.29%
Number of daily rates quoted 96 267 209
Tyne and Wear median daily rate £350 £375 £405
Median daily rate % change year-on-year -6.67% -7.41% +8.00%
10th Percentile £225 £240 £255
90th Percentile £650 £537 £546
North East median daily rate £350 £384 £416
% change year-on-year -8.79% -7.70% +10.87%
Number of hourly rates quoted 3 3 10
Tyne and Wear median hourly rate £17.10 £26.50 £15.75
Median hourly rate % change year-on-year -35.47% +68.25% -
10th Percentile £15.21 £12.65 £12.07
90th Percentile £41.69 £27.55 £48.95
North East median hourly rate £19.30 £19.11 £14.20
% change year-on-year +0.99% +34.58% -12.62%

Banking
Job Vacancy Trend in Tyne and Wear

Job postings citing Banking as a percentage of all IT jobs advertised in Tyne and Wear.

Job vacancy trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in Tyne and Wear.

Contractor daily rate trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Histogram in Tyne and Wear

The daily rate distribution of IT jobs citing Banking in Tyne and Wear over the 6 months to 19 November 2017.

Contractor daily rate histogram for Banking in Tyne and Wear

Banking
Contractor Hourly Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in Tyne and Wear.

Contractor hourly rate trend for Banking in Tyne and Wear

Banking
Contract Job Locations in Tyne and Wear

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Tyne and Wear region over the 6 months to 19 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Newcastle upon Tyne +30 10 £115 -62.60%
Sunderland +4 2 £115 +9.52%
Tyneside - 1 £115 -
Banking
North East

For the 6 months to 19 November 2017, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Tyne and Wear region with a requirement for Banking.

1 9 (81.82%) Finance
2 7 (63.64%) Identity Access Management
2 7 (63.64%) JSON
2 7 (63.64%) CMDB
2 7 (63.64%) RESTful
2 7 (63.64%) High Availability
2 7 (63.64%) Web Services
2 7 (63.64%) ITIL
2 7 (63.64%) Linux
2 7 (63.64%) Middleware
2 7 (63.64%) Change Management
3 2 (18.18%) Stakeholder Management
4 1 (9.09%) Programme Management
4 1 (9.09%) Investment Banking
4 1 (9.09%) Microsoft PowerPoint
4 1 (9.09%) Retail Banking
4 1 (9.09%) C
4 1 (9.09%) Microsoft Excel
4 1 (9.09%) MS Visio
4 1 (9.09%) ATM
4 1 (9.09%) EPoS
4 1 (9.09%) Cybersecurity
4 1 (9.09%) Kalman Filter
4 1 (9.09%) Spreadsheet
4 1 (9.09%) Data Loss Prevention
4 1 (9.09%) Network Segmentation
4 1 (9.09%) GDPR
4 1 (9.09%) Privileged Access Management
4 1 (9.09%) PMO
4 1 (9.09%) Migration

Banking
Co-occurring IT Skills in Tyne and Wear by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (9.09%) Microsoft Excel
1 1 (9.09%) Microsoft PowerPoint
1 1 (9.09%) MS Visio
1 1 (9.09%) Spreadsheet
Communications & Networking
1 1 (9.09%) ATM
General
1 9 (81.82%) Finance
2 1 (9.09%) Investment Banking
2 1 (9.09%) Retail Banking
Job Titles
1 7 (63.64%) Technical Leader
1 7 (63.64%) Technical Support
2 1 (9.09%) Administrator
2 1 (9.09%) ATM Engineer
2 1 (9.09%) Change Manager
2 1 (9.09%) Contracts Manager
2 1 (9.09%) PMO Administrator
2 1 (9.09%) Programme Director
Libraries, Frameworks & Software Standards
1 7 (63.64%) JSON
1 7 (63.64%) Middleware
1 7 (63.64%) RESTful
1 7 (63.64%) Web Services
Miscellaneous
1 7 (63.64%) CMDB
2 1 (9.09%) EPoS
Operating Systems
1 7 (63.64%) Linux
Processes & Methodologies
1 7 (63.64%) Change Management
1 7 (63.64%) High Availability
1 7 (63.64%) Identity Access Management
1 7 (63.64%) ITIL
2 2 (18.18%) Stakeholder Management
3 1 (9.09%) Cybersecurity
3 1 (9.09%) Data Loss Prevention
3 1 (9.09%) Kalman Filter
3 1 (9.09%) Migration
3 1 (9.09%) Network Segmentation
3 1 (9.09%) Privileged Access Management
3 1 (9.09%) Programme Management
Programming Languages
1 1 (9.09%) C
Quality Assurance & Compliance
1 1 (9.09%) GDPR
1 1 (9.09%) PMO